U. S. job creation bounced back sharply last month, renewing optimism that the labor market was still on track following a sharp slowdown in February. The jump in nonfarm payrolls thrust Dow futures toward a major rally.

Nonfarm Payrolls Rebound Employers added 196,000 workers to payrolls last month, well above the 175,000 expected, the Department of Labor reported Friday in Washington. The February tally was revised up to reflect a gain of 33,000 from a previously reported 20,000. It was still the weakest since September 2017. The unemployment rate held steady at 3. 8% even as workforce participation increased to 63. 0% from

The post Dow Futures Surge as U. S. Nonfarm Payrolls Roar Back in March appeared first on CCN

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